NMSA 1978, § 7-1-6.69 — 7-1-6.69

Distribution; health insurance premium surtax; health care
affordability fund; behavioral health program fund.

# A.

A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the
health care affordability fund in an amount equal to the following amounts of the net
receipts attributable to the health insurance premium surtax; provided that if the rate of
the health insurance premium surtax is reduced pursuant to Subsection F of Section 7-
40-3 NMSA 1978, no distribution pursuant to this section shall be made:
(1) beginning September 1, 2025 and prior to September 1, 2027, fifty-five
percent;
(2) beginning September 1, 2027 and prior to September 1, 2028, eighty
percent; and
(3) beginning September 1, 2028, ninety-five percent.

# B.

Beginning September 1, 2028, a distribution pursuant to Section 7-1-6.1 NMSA
1978 shall be made to the behavioral health program fund in an amount equal to five
percent of the net receipts attributable to the health insurance premium surtax; provided
that if the rate of the health insurance premium surtax is reduced pursuant to
Subsection F of Section 7-40-3 NMSA 1978, no distribution pursuant to this section
shall be made.